【$RAVE Signal】Short squeeze rebound + Deep support

$RAVE 1H timeframe is consolidating around 2.07, with unusually thick buy orders below, with over 1,000 order walls in the 2.068 to 2.069 range, while sell orders are relatively sparse. The 4H MACD double lines are still above zero, but the histogram is beginning to shrink. The funding rate has been hammered down to -0.47%, with extremely high short position costs, indicating potential fuel for a short squeeze.

🎯Direction: Long

⚡Entry: Enter immediately at the current price around 2.069, or place a hidden order at 2.054.

🛑Stop loss: 0.7657

🚀Target 1: 2.2157

🚀Target 2: 2.6991

🛡️Trade management: - Execute strategy: When price pushes up to around 2.215, halve the position, and move the remaining stop loss up to the entry price. If the price cannot hold above 2.07 and falls below 2.04, consider exiting early.

This extreme negative funding rate combined with thick buy walls usually isn't a healthy sign of upward movement; it more resembles a capital layout before a battle between bulls and bears. The 1-hour RSI has fallen back from overbought territory to 67, providing room for a short-term rally. Open interest remains stable, with no signs of collapse from profit-taking, indicating that funds are still in the game. The risk-reward ratio isn't perfect, but the explosive potential of a short squeeze can outweigh the risks.

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